Property Description

Hard to find handyman special in the quietest, most sought after corner of Sebastian. All offers will be considered. The owner’s surprise job relocation offers you the rare chance to snatch up this hidden gem at a fire sale price.
Enough hype, what’s so special about this place? Pros: 1) Lowest price per sq ft in the area. 2) Large screened in ground pool with lanai. 3) New AC in 2021. New WH in 2023. 4) Gorgeous tiling flooring throughout. 5) Huge kitchen with ample cabinet space. 6) No insurance claims filed and all renovations permitted.
Cons: Needs new roof. Interior ceiling water damage in two rooms. Needs new appliances. Interior needs cleanout and moderate cosmetic rehab. No known issues with electrical, plumbing or foundation. Pool pump works, liner is fine, but power is off. Pictures are a little old. Property has been vacant for two months and current condition is needing significant TLC.
Investor notes:
Estimated flip ARV: 405k, with 40-60k in work needed.
LTR: 2000/mo, little competition nearby. STR: 30.6k /year gross, at only 50% occupancy and 168/night avg.
Vacant and very easy to show, even at the last minute. No HOA/CDD. If this is “NOT ON MY MLS,” please just reach out to listing agent below for disclosures and MLS info sheet. No assignable contracts accepted.

Features
: In Ground
: Central
: Central Air
: Chain Link
: Lighting
: Tile
: Ceiling Fans(s), Eat-in Kitchen
: Laundry Room
1
: Public Sewer
: Sewer Connected, Public
Appliances
: Electric Water Heater
Address Map
US
FL
Indian River
Sebastian
SEBASTIAN HIGHLANDS UNIT 9 AND 16
32958
CANAL
948
CIRCLE
W81° 32' 16.3''
N27° 46' 59.6''
North
From intersection of US-1/Schumann Dr in Sebastian: Head west on Schumann Dr. After 0.8 miles, turn right onto 948 Canal Dr. Property 2nd on right.
32958 - Sebastian
RS-10
Additional Information
: Public
https://www.propertypanorama.com/instaview/stellar/T3542275
279000
2024-07-17
: Corner Lot
: One
: Slab
: Concrete
1950
Financial
2322
Listing Information
261566768
261597099
Cash,Private Financing Available
Canceled
2024-09-19T16:01:08Z
Stellar
: None
2024-09-19T15:58:26Z

Residential For Sale

948 Canal Cir, Sebastian, Florida 32958

3 Bedrooms
2 Bathrooms
1,950
$246,000
Listing ID #T3542275
Basic Details
Property Type : Residential
Listing Type : For Sale
Listing ID : T3542275
Price : $246,000
Bedrooms : 3
Bathrooms : 2
Square Footage : 1,950
Year Built : 1980
Lot Area : 0.26 Acre
Office Name : RICHARD PETERS REALTY LLC
Agent Name : Richard Peters
Full Bathrooms : 2
Property Sub Type : Single Family Residence
Roof : Shingle
Listing Status : Canceled
Agent info
Contact Agent